After ELS Admits Error Attorney Calls for Whistleblowers vs. Equity LifeStyle Properties, Multiple Law Firms Announce Investigations on Behalf of ELS Investors–MHVille Exposé; plus MHMarkets

AfterELSadmitsErrorAttorneyCallsForWhistleblowersVsEquityLifeStylePropertiesMultipleLawFirmsAnnounceInvestigationsOnBehalfOfELSinvestorsMHVilleExposéPlusMHMarketsMHProNews

“Equity LifeStyle Properties, Inc. is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities.” That’s according to left-leaning CNN Business. High profile Manufactured Housing Institute (MHI) member Equity LifeStyle Properties (ELS) faces multiple announced probes by various law firms on behalf of ELS shareholders who suffered losses in the wake of a 1.22.2024 8K filing admission of error. The law offices of Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray LLP have announced “investigations” for allegations involving “securities fraud” and “improper accounting.” There is a public call by attorneys for “whistleblowers” at ELS to step forward.

This news report with analysis will provide what ELS said via an SEC filing as well as what various law firms have published in this detailed exposé of how the manufactured housing industry often operates in terms of apparent 21st century scandals. Grab a favorite drink, some popcorn or other snack, and buckle up.

Such announced “investigations” or probes can turn into class action litigation on behalf of shareholders. They can also become payouts to shareholders that are the result of out of court settlements over the claims.

As regular MHProNews readers should know, ELS has already been hit by multiple national class action antitrust suits filed on behalf of manufactured home land lease community residents.

So, at least four law offices have announced investigations on behalf of investors in high profile Manufactured Housing Institute (MHI) member Equity LifeStyle Properties (ELS) following a public admission by ELS of an apparent ‘material error’ in their reporting.

Per a Securities and Exchange Commission (SEC) form 8K filing dated 1.22.2024 ELS said: “Non-Reliance on Previously Issued Financial Statement or a Related Audit Report.”

Restated, certain prior financial statements would no longer be deemed valid by ELS as a result of receiving “from the SEC a Comment Letter…” While it is early in the process, and based solely on what is know at this moment in time, this may not be as severe a circumstance as the Cavco Industries (CVCO) “debacle.”  But it is a developing situation, and if one or more whistleblowers do step out as apparently occurred in the case with Cavco, it is difficult to predict where such legal probes could lead.

Part I of this report will include some remarks from ELS in their recent 8K filing with the SEC. Part II will include 4 different law firms’ press releases regarding their announced ELS probe. Part III will include additional information with more MHProNews analysis and commentary. Part IV is our Daily Business News on MHProNews macro equities and manufactured housing specific market updates on dozens of different corporations involved in the manufactured home industry.

 

Part I from ELS’s SEC 8K filing linked here Included the Following Statement

 

QuoteMarksLeftSideItem 4.02 Non-Reliance on Previously Issued Financial Statement or a Related Audit Report or Completed Interim Review The Company received from the SEC a Comment Letter issued in the ordinary course of the SEC’s review of our disclosures. As a result of our research and consideration of a question (unrelated to the matter discussed above under Item 2.02) raised in the Comment Letter, we previously disclosed in our Quarterly Reports on Form 10-Q for the quarters ended June 30, 2023 and September 30, 2023 the correction of an error, described below, which relates solely to the classification of cash outflows associated with the purchase of manufactured homes in the Consolidated Statements of Cash Flows. Based on an analysis of quantitative and qualitative factors in accordance with SEC Staff Accounting Bulletins 99, Materiality and 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements, the Company and the Audit Committee of the Board of Directors (the “Audit Committee”) previously concluded that this error was immaterial. Following receipt of a further Comment Letter in which the Staff of the SEC informed the Company it disagreed with the materiality conclusion, the Company and the Audit Committee, on January 19, 2024, determined that the error was material to its previously issued financial statements, as included in the Annual Report on Form 10-K for the year ended December 31, 2022 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Prior Period Financial Statements”). During the period of time following receipt of the initial Comment Letter, the Company along with the Audit Committee has discussed with Ernst & Young LLP (“EY”), our independent registered public accounting firm, the matters described herein. Accordingly, solely as a result of the foregoing, the Company and the Audit Committee determined that the Prior Period Financial Statements, as well as, any reports, related earnings releases, investor presentations or similar communications of the Company’s Prior Period Financial Statements, should no longer be relied upon. The Company previously classified cash outflows associated with the purchase of manufactured homes within investing activities in the Consolidated Statements of Cash Flows. Based on the predominance principle in ASC 230-10-45-22, the Company determined that all of the cash flows associated with the purchase and sale of manufactured homes should be classified within operating activities in the Consolidated Statements of Cash Flows. The Company plans to correct the classification error by filing amendments of the Prior Period Financial Statements (“Amended Reports”) with the SEC concurrent with the filing of this Form 8-K. In addition, although not required by the correction of the material cash flow classification error, the non-GAAP financial measures referenced in Item 2.02 above and as included in the Amended Reports will no longer include adjustments in respect to membership upgrade sales. There was no impact to Cash and restricted cash, the Consolidated Statements of Income and Comprehensive Income, Consolidated Balance Sheets, Consolidated Statements of Changes in Equity for any periods presented in the Prior Period Financial Statements, or our ability to maintain compliance with covenants contained in our debt facilities or other contractual requirements. The Company along with the Audit Committee have discussed with EY the matters disclosed in Item 4.02 of this report on Form 8-K. …” ##

MHProNews Notice: No endorsement of any of the above should be construed from providing the ELS’ remarks.

 

Part II – In no Particular Order of Importance are the Four Different Press Releases from Law Offices Investigating ELS for Various Purported Wrongdoing that Harmed ELS Shareholders

 1)

QuoteMarksLeftSideThe Law Offices of Frank R. Cruz Announces Investigation of Equity LifeStyle Properties, Inc. (ELS) on Behalf of Investors

January 29, 2024 at 01:07 pm EST

 The Law Offices of Frank R. Cruz announces an investigation of Equity LifeStyle Properties, Inc. (“ELS” or the “Company”) (NYSE: ELS) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On January 22, 2024, ELS disclosed that errors it previously determined to be immaterial in the Company’s prior financial statements regarding classification of cash outflows associated with the purchase of manufactured homes were now determined to be material. The Company further disclosed that, as a result, its full year 2022 and first quarter 2023 financial reports should no longer be relied upon.

On this news, ELS’s stock price fell $1.96, or 2.8%, to close at $67.00 per share on January 23, 2024, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased ELS securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ##

 

 2) 

QuoteMarksLeftSideEquity Lifestyle Properties (ELS) Shares Fall After Company Admits Improper Accounting – Hagens Berman

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating ELS and Encourages ELS Investors Who Suffered Substantial Losses to Contact Firm’s Attorneys

January 29, 2024 14:48 ET| Source: Hagens Berman Sobol Shapiro LLP

SAN FRANCISCO, Jan. 29, 2024 (GLOBE NEWSWIRE) — Hagens Berman urges Equity Lifestyle Properties, Inc. (NYSE: ELS) investors who suffered substantial losses to submit your losses now.

Visitwww.hbsslaw.com/investor-fraud/ELS
Contact An Attorney NowELS@hbsslaw.com
 844-916-0895

Equity Lifestyle Properties, Inc. (NYSE: ELS) Investigation:

“We are investigating the circumstances that led ELS to materially overstate its operating cash flows for nearly the past three years,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

The firm’s investigation stems from ELS’s Jan. 22, 2024 disclosure that, following its receipt of a comment letter from the SEC, the company determined that investors should no longer rely on certain of its past financial statements.

The same day, ELS filed an amended Form 10-K and amended Form 10-Qs revealing adjustments to its consolidated cash flow statements. These adjustments revealed that ELS had significantly overstated net cash provided by operating activities: (1) for the year ended Dec. 31, 2020 by $49.125mm (or about 11.8%); (2) for the year ended Dec. 31, 2021 by $86.025mm (or about 16.9%); (3) for the year ended Dec. 31, 2022 by $123.522mm (or about 25.9%); and (4) for the quarter ended March 31, 2023 by $35.48mm (or about 22%).

These revelations drove the price of ELS shares significantly lower.

If you invested in Equity Lifestyle Properties and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »

If you’d like more information and answers to frequently asked questions about the ELS investigation, read more »

Whistleblowers: Persons with non-public information regarding Equity Lifestyle Properties should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ELS@hbsslaw.com.

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
Reed Kathrein, 844-916-0895 ##

  

 3).

QuoteMarksLeftSideINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Equity LifeStyle Properties, Inc. (ELS) on Behalf of Investors

January 29, 2024 01:56 PM Eastern Standard Time

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Equity LifeStyle Properties, Inc. (“ELS” or the “Company”) (NYSE: ELS) investors concerning the Company’s possible violations of federal securities laws.

On January 22, 2024, ELS disclosed that errors it previously determined to be immaterial in the Company’s prior financial statements regarding classification of cash outflows associated with the purchase of manufactured homes were now determined to be material. The Company further disclosed that, as a result, its full year 2022 and first quarter 2023 financial reports should no longer be relied upon.

On this news, ELS’s stock price fell $1.96, or 2.8%, to close at $67.00 per share on January 23, 2024, thereby injuring investors.

If you purchased ELS securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com ##

 

4)

QuoteMarksLeftSideGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Equity LifeStyle Properties, Inc. (ELS) on Behalf of Investors

January 29, 2024 03:00 PM Eastern Standard Time

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Equity LifeStyle Properties, Inc. (“ELS” or the “Company”) (NYSE: ELS) investors concerning the Company’s possible violations of the federal securities laws.

If you suffered a loss on your ELS investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Equity-LifeStyle-Properties-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On January 22, 2024, ELS disclosed that errors it previously determined to be immaterial in the Company’s prior financial statements regarding classification of cash outflows associated with the purchase of manufactured homes were now determined to be material. The Company further disclosed that, as a result, its full year 2022 and first quarter 2023 financial reports should no longer be relied upon.

On this news, ELS’s stock price fell $1.96, or 2.8%, to close at $67.00 per share on January 23, 2024, thereby injuring investors.

Follow us for updates on LinkedInTwitter, or Facebook.

Whistleblower Notice: Persons with non-public information regarding ELS should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About GPM

Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM’s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM’s lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPM’s attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPM’s past successes have been widely covered by leading news and industry publications such as The Wall Street JournalThe Financial TimesBloomberg BusinessweekReuters, the Associated PressBarron’sInvestor’s Business DailyForbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Glancy Prongay & Murray LLP, Los Angeles
Charles H. Linehan, 310-201-9150 or 888-773-9224
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
www.glancylaw.com
shareholders@glancylaw.com ##

 

MHProNews Notice: No endorsement of any of the above should be construed from providing their respective media releases.

 

Part III – Additional Information with More MHProNews Analysis and Commentary

“We are investigating the circumstances that led ELS to materially overstate its operating cash flows for nearly the past three years,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation. Glancy Prongay & Murray LLP, was one of the firms that said: “Whistleblower Notice: Persons with non-public information regarding ELS should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.” 

1). Beyond the issue involving ELS and their shareholders, who reports what and why in the manufactured housing industry is a relevant topic. When at least 4 different law offices have announced an investigation into ELS after ELS has formally admitted an error, one might think that is significant ‘news.’

2). With the items in Part I and II in mind, to frame this analysis and discussion, the following Q&As with Bing’s AI powered Copilot are instructive and insightful.

> “There have been investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray. What is being said about those probes by third-parties? Have any manufactured home trade publications or bloggers published on this topic at this time? Has ELS made a public reply to these announced probes by those law firms and/or others?”

BingCopilotAI-Screen1.3.2024MHLivingNewsYes, there have been investigations into Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC on January 22, 2024. The law firms investigating ELS include Howard G. Smith, Hagens Berman, Frank R. Cruz, and Glancy Prongay & Murray 123These law firms are investigating ELS for possible violations of federal securities laws 12.

I could not find any information about manufactured home trade publications or bloggers publishing on this topic at this time 43.

I could not find any public reply from ELS to these announced probes by those law firms and/or others 25.

Please note that the information I provided is based on third-party sources and may not be exhaustive. If you have any further questions, please let me know.

Learn more

3). The two articles linked above by Copilot which are published on MHProNews are not about this new development at ELS. That Q&A took place on 1.31.2024 at about 1:45 PM ET. This report is scheduled to go live on 2.1.2024. Likely on or well before 1.45 PM on 2.1.2024 this report will be picked up by Google, Bing, Yahoo, and other search engines, because MHProNews has been ranked as a ‘high authority site.’ By way of contrast, based on past experience, it is unlikely that others in MHVille trade media will weigh in on this. Other trade media and bloggers in MHVille have, per Copilot, not yet mentioned it, even though MHProNews ‘waited’ to publish this report.
Other manufactured housing industry trade media, who routinely are members of and involved in the Manufactured Housing Institute (MHI) may never to any report on this matter involving ELS.  But if they do, based upon past observations, it may not be until after MHProNews has covered the issue by publishing this report. What is the significance of that observation?
4). There are several reasons this is significant to industry professionals, to investors, objective ‘truth seeking’ researchers, public officials, advocates and others. To make and illustrate the significance of this report and what follows below, consider this next Q&A with artificial intelligence powered Copilot, which outsiders have said is the top AI search tool in 2023.

>”Define news. Then explain what are the types of things that a trade media publication would normally cover? For example, in a tech or automotive trade publication, isn’t covering legal issues the type of thing that a serious tech or automotive trade publisher or blogger likely to report and perhaps comment on?”

BingCopilotAI-Screen1.3.2024MHLivingNewsNews is a report of recent events or previously unknown information that is of interest to the public. It can be delivered through various mediums such as newspapers, television, radio, and the internet 123.

Trade media publications are targeted towards specific industries, professions, trades, or businesses. They offer specialized content on various topics including the latest industry news, noteworthy case studies and research, educational surveys and statistics, special reports, opinion and feature articles, and in-depth discussions of new developments and practices within a field 45Trade media publications can cover an industry in more detail than mainstream consumer publications can, and they already have an established niche audience and produce corresponding subject matter for that target audience 4. Therefore, covering legal issues that are relevant to the industry is a common practice for serious tech or automotive trade publishers or bloggers. They may report and comment on legal issues such as patent disputes, regulatory changes, and product liability lawsuits, among others.”

6)

> “Okay, useful, thanks. Based upon your remarks above, is it fair to say that “serious” manufactured housing industry focused trade publications or bloggers “may report and comment on legal issues such as patent disputes, regulatory changes, and product liability lawsuits, among others” too, correct? That would not be surprising, and it might even be expected by outsiders looking in, correct?”

BingCopilotAI-Screen1.3.2024MHLivingNewsYes, that is correct. Serious manufactured housing industry focused trade publications or bloggers may report and comment on legal issues such as patent disputes, regulatory changes, and product liability lawsuits, among others. This is not surprising and it might even be expected by outsiders looking in. Trade publications and bloggers are often the first to report on industry news and developments, including legal issues that affect the industry. They provide a platform for industry professionals to stay informed and up-to-date on the latest news and trends in their field.”

7). Copilot is owned by Microsoft. If there is a bias, one might think it would be toward corporate interests, based upon what learned from the media probe conducted in Shadows of Liberty. Noam Chomsky‘s “Manufacturing Consent” made similar points to Shadows of Liberty.  To illustrate and clarify, consider this Q&A. Note that a few broader, foundational points will be made, before turning to more manufactured housing specific items in #10 below

> “What were key items from the thesis of Noam Chomsky’s book Manufacturing Consent? In what ways does the acclaimed documentary Shadows of Liberty confirm or clarify what Manufacturing Consent introduced?”

BingCopilotAI-Screen1.3.2024MHLivingNewsManufacturing Consent is a book by Noam Chomsky and Edward S. Herman that was first published in 1988. The book argues that the mass media in the United States serve as a propaganda system that promotes the interests of the elite and powerful, rather than serving as an independent watchdog 12The authors propose a “propaganda model” that explains how the media are influenced by corporate and government interests, and how they filter out information that is counter to those interests 1.

Shadows of Liberty is a documentary film that explores the role of the media in shaping public opinion and the impact of corporate control over the media 34The film confirms and expands upon the arguments presented in Manufacturing Consent, highlighting the ways in which the media are controlled by a small number of corporations and how this control affects the quality and diversity of news coverage 45Shadows of Liberty also examines the impact of media consolidation on democracy and the role of whistleblowers in exposing corruption and wrongdoing 4.”

7). So, Chomsky and Shadows both made the point that “mass media in the United States serve as a propaganda system that promotes the interests of the elite and powerful, rather than serving as an independent watchdog 12.”  Chomsky and Herman proposed a: ““propaganda model” that explains how the media are influenced by corporate and government interests, and how they filter out information that is counter to those interests 1.” It begs the question: is much of what other so-called trade media platforms in manufactured housing merely tools for corporate interests? Are they tools for propaganda?
Note that per Pew Research, some 70 percent of the population believes that the system is ‘rigged’ and a similar percent of the population has a low level of trust in media. To be trusted by the public, media ought to be as transparent and use as much properly sourced and identified information as possible.
8)

> “I think it was Pew Research which said that some 70 percent of the population in the U.S. believes that the “system is rigged,” is that correct? And Gallup, Pew and others have produced surveys that reveal that a low level of trust exists among the population correct? What do researchers say are the ways that ‘trusted’ publications earn the trust of their readers? Give some examples.”

BingCopilotAI-Screen1.3.2024MHLivingNewsYes, according to a survey conducted by Pew Research Center in 2020, 70% of Americans believe that the U.S. economic system unfairly favors the powerful 1Gallup, Pew, and other organizations have also produced surveys that reveal a low level of trust among the population 234.

Researchers say that trusted publications earn the trust of their readers by being transparent, accurate, and reliable. They provide high-quality content that is well-researched and fact-checked, and they are open about their sources and methods. They also have a clear editorial mission and a commitment to journalistic ethics and standards. …”

Agree or disagree, among the examples given by Copilot was the New Yorker: “The New Yorker is known for its in-depth reporting, long-form journalism, and high editorial standards. The magazine has a reputation for accuracy and reliability, and it is committed to journalistic ethics and standards. The New Yorker is also transparent about its sources and methods, and it has a clear editorial mission to provide high-quality content that is well-researched and fact-checked.”

Note that in manufactured housing trade media, MHProNews and MHLivingNews adopted “in-depth reporting, long-form journalism, and high editorial standards” and cultivated “a reputation for accuracy and reliability, and it is committed to journalistic ethics and standards.” Instead of just putting some key word packed content that was designed to boost search engine results, MHProNews/MHLivingNews without ignoring the importance of SEO, focused more on providing accurate information that based on known facts and evidence. This we provided with clearly labeled analysis and commentary under the logo tag line: “Industry News, Tips, and Views Pros Can Use” © and adding the tag line: “We Provide, You Decide.” ©

9) Succinctly, MHProNews/MHLivingNews want to be the opposite of propaganda. To be genuine news, as Copilot aptly said: transparent, accurate, and reliable. They provide high-quality content that is well-researched and fact-checked, and they are open about their sources and methods. And as Copilot also correctly stated: “News is a report of recent events or previously unknown information that is of interest to the public.” And “Serious manufactured housing industry focused trade publications or bloggers may report and comment on legal issues such as patent disputes, regulatory changes, and product liability lawsuits, among others. This is not surprising and it might even be expected by outsiders looking in. Trade publications and bloggers are often the first to report on industry news and developments, including legal issues that affect the industry. They provide a platform for industry professionals to stay informed and up-to-date on the latest news and trends in their field.”

Let’s note that each of the publications serving manufactured housing has some measure of content that is called ‘news’ by their respective writers. But are they in fact news or are the more in the line of what Chomsky and others have called propaganda creators who are trying to “manufacture consent” within the manufactured housing industry? Even a propagandist might palter and give some kernels of facts while ignoring other facts that are not useful to their narrative. Indeed, that is what former award-winning CNN reporter Chris Plante has alleged, when he routinely says as a now award-winning pundit who has bluntly stated that many in media exemplify his claim that: ‘the mainstream media’s greatest power is the power to ignore.’

To do a mini summary and then push forward to test that thesis in the context of this purported ELS “securities fraud” news item, consider this.  Among the top reports for 2023 and January 2024 are the multiple class action lawsuits that include ELS and others in the Manufactured Housing Institute and/or MHI linked state associations. There is an evidence-based case to be made that there is a narrative spun by those in the MHI orbit. They are routinely “see no evil” in their reporting. But by ignoring evidence or concerns of wrongdoing, they are not news or even trade news or serious bloggers in the sense of the definitions given by Copilot, which cited other sources for its definitions.

 

ThreeStogesSaySpeakSeeNoEvilManufacturedHousingINdustryCodeofConductDailyBuisnessnewsCommntaryMHProNews
https://www.manufacturedhomepronews.com/controversy-erupts-tunica-manufactured-home-show-educational-seminar-legally-questioned-lease-option-chattel-lending-taught-by/
https://www.manufacturedhomepronews.com/controversy-erupts-tunica-manufactured-home-show-educational-seminar-legally-questioned-lease-option-chattel-lending-taught-by/

 

Let’s test that thesis about manufactured housing trade publishers below.

10). MHVillage owned MHInsider is “Manufactured Housing Institute” ‘endorsed.’ MHInsider, as MHProNews has previously reported, is a kind of unofficial house organ for MHI.  MHVillage (so trade ‘news’ MHInsider), Datacomp, and JLT Market Reports are owned by ELS.
DidTheLateSamZellOverpayFreshEquityLifeStylePropertiesELS.ManufacturedHousingInstituteMHInewDocumentInsightsTheTruthHidingInPlainSightPlusMHVilleStocksREITsUpdateMHProNews
https://www.manufacturedhomepronews.com/did-the-late-sam-zell-overpay-fresh-equity-lifestyle-properties-els-manufactured-housing-institute-new-document-insights-the-truth-hiding-in-plain-sight-plus-mhville-stocks-reits-updat/

 

11). Beyond what Copilot reported – namely, no reporting on this controversy regarding allegations of “securities fraud” by others in MHVille trade media, a review of some of the better known ‘competitors’ to this platform reveals the following. In no particular order of importance are the following insights.

  • Kurt Kelley led MHReview

Kelley’s an attorney who is widely seen as a nice fellow. His primary business is insurance products sold within the manufactured home industry. Clients of his include numbers of manufactured home communities.  Meaning, even reporting on an issue that could prove embarrassing to a client(s) could mean the loss of client(s).  Beyond that, his publication began as a monthly, but moved to a quarterly. The first inquiry input into Bing AI produced no mention of Manufactured Housing Review (MHR or MHReview). To generate the response below, the inquiry had to be more specific. So, the publication may have an SEO issue.

> “manufactured housing review published by kurt kelley”

BingCopilotAI-Screen1.3.2024MHLivingNewsThe Manufactured Housing Review is an electronically delivered quarterly magazine that provides news and educational articles for the manufactured housing industry …”

 

12).

> “Patrick Waite, COO of Equity LifeStyle Properties (ELS) is on the executive committee of the Manufactured Housing Institute. That trade group has ‘endorsed’ MHVillage which is the parent to MHInsider, a trade publication and blog focused on manufactured housing. Datacomp, MHVillage, and JLT were purchased by then Sam Zell led Equity LifeStyle Properties. Confirm or clarify those points, and then note what reporting, if any, has MHInsider made on the national class action antitrust suits that include Datacomp and ELS? Then, the same question – what reporting, if any – has MHInsider made about the announced investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray.”

> “ManufacturedHomes.com is a Manufactured Housing Institute “award winner.” The Manufactured Housing Institute has come under fire for giving awards to firms that may have poor ratings with the Better Business Bureau, by their own employees through sources like Indeed, and others. Confirm or clarify those points. Then, what reporting, if any, has ManufacturedHomes.com ‘news blog’ made on the national class action antitrust suits that include Datacomp and ELS and several other Manufactured Housing Institute members? Then, a similar question – what reporting, if any – has ManufacturedHomes.com made about the announced investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray.”

BingCopilotAI-Screen1.3.2024MHLivingNewsManufacturedHomes.com is indeed an award winner of the Manufactured Housing Institute (MHI) 1However, MHI has been criticized for giving awards to firms that may have poor ratings with the Better Business Bureau and other problematic aspects to their business histories 23.

I could not find any information about ManufacturedHomes.com ‘news blog’ reporting on the national class action antitrust suits that include Datacomp and ELS and several other Manufactured Housing Institute members 45.

I could not find any information about ManufacturedHomes.com ‘news blog’ reporting on the announced investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray 467.

Please note that the information I provided is based on third-party sources and may not be exhaustive. If you have any further questions, please let me know.

> “All useful, thanks. Next question. The Manufactured Housing Institute has established a new website in the second half of 2023. It includes a section of their site dedicated to news. The Manufactured Housing Institute has come under fire for giving awards to firms that may have poor ratings with the Better Business Bureau, by their own employees through sources like Indeed, and others. Confirm or clarify those points. Then, what reporting, if any, has ManufacturedHousing.org ‘news blog’ made on the national class action antitrust suits that include Datacomp and ELS and several other Manufactured Housing Institute members? Then, a similar question – what reporting, if any – has ManufacturedHousing.org made about the announced investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray.”

BingCopilotAI-Screen1.3.2024MHLivingNewsThe Manufactured Housing Institute (MHI) launched a new website in the second half of 2023, which includes a section dedicated to news 1MHI has been criticized for giving awards to firms that may have poor ratings with the Better Business Bureau and other problematic aspects to their business histories 23.

I could not find any information about ManufacturedHousing.org ‘news blog’ reporting on the national class action antitrust suits that include Datacomp and ELS and several other Manufactured Housing Institute members 45.

I could not find any information about ManufacturedHousing.org ‘news blog’ reporting on the announced investigations or probes of Equity LifeStyle Properties (ELS) over an admitted error disclosed on their 8K filing with the SEC Jan 22 2024. Those investigations include law firms: Howard G. Smith, Hagens Berman, Frank R. Cruz, Glancy Prongay & Murray 23.

Please note that the information I provided is based on third-party sources and may not be exhaustive. If you have any further questions, please let me know.

Learn more

15. Keep in mind that Bing’s Copilot, when given a claim made by MHI in one of their recent emails, said after searching the topic that their remarks could fit the definition of “lie,” “false” and “misleading.”
16. To underscore a point previously made above, Chris Plante is a former award-winning CNN reporter who became a now award-winning satirical pundit on a nationally syndicated talk radio show that has “Washington’s Mall” – Washington, D.C.’s WMAL – as the flagship station. Plante knows the media from the inside. He repeatedly says that the mainstream or legacy media’s ‘greatest power is the power to ignore.’ So, per Plante or Shadows of Liberty, problematic news reporting isn’t just a case of problematic agenda driven reporting. It can be a case of not reporting at all about often important topics.
17. One of the most important topics, as leaders at MHI and MHARR have both agreed, facing the manufactured housing industry is the lack of enforcement of the enhanced preemption issue made federal law by the Manufactured Housing Improvement Act of 2000. Yet oddly, neither ManufacturedHomes.com, MHInsider, or even the Manufactured Housing Institute’s own website used the key term that they claim they want to see enforced.  Why this matters will be briefly noted in #18, below.
EnhancedPreemptionMHProNewsFactCheckOfManufacturedHomes.ComLogoSearchMonth6OfMHdownturn-MHProNewsProMHIwebsiteManufacturedHousingInstituteMHInsider
18. Harvard University’s Joint Center for Housing Studies (JCHS) is considered by many to be a prestigious platform of housing research and is often cited by public officials, researchers, media and others. MHI’s fingerprints are well documented in the MHProNews exploration of their January 2024 report: “A Review of Barriers to the Greater use of Manufactured Housing for Entry Level Homeownership.” Copilot aptly explained how important “enhanced preemption” is in the Manufactured Home Pro News (MHProNews) fact-check of that Harvard report. But troublingly, federal “enhanced preemption” under the MHIA is not mentioned in that report, which MHI was actively reported to have been involved in.
19. To borrow from the description used by Copilot’s summary of Chomsky’s Manufacturing Consent and Shadows (see linked above) “media in the United States serve as a propaganda system that promotes the interests of the elite and powerful, rather than serving as an independent watchdog 12.”
We have repeatedly offered to debate such issues virtually or at a moderated public forum. This writer for MHProNews has appeared live and virtually numerous times at the FHFA listening sessions where perhaps a mere 2 or 3 dozen leaders of various organizations are invited to speak about the implementation, or lack thereof, of the HERA 2008 mandated Duty to Serve Manufactured Housing. Out of tens of millions of Americans involved or living in manufactured housing, that’s a select group. MHI and MHARR are in attendance at those events, and so is this writer for MHProNews/MHLivingNews. Others involved in industry trade media? Routinely absent. Look and see who is present and those who are absent, which is essentially all but MHProNews and MHLivingNews are missing, while MHProNews/MHLivingNews is represented by this writer who publicly calls out the powers that be at that and other venues.
One of the reasons our industry is underperforming, said Darren Krolewski is because bad news in MHVille outweighs the good news.
20). But the way to clean up an industry is to expose and root out corruption.
Once more for emphasis and clarity, per Copilot: “News is a report of recent events or previously unknown information that is of interest to the public.” And “Serious manufactured housing industry focused trade publications or bloggers may report and comment on legal issues…liability lawsuits, among others. This is not surprising and it might even be expected by outsiders looking in. Trade publications and bloggers are often the first to report on industry news and developments, including legal issues that affect the industry.” But as this report and survey of some related items demonstrates with evidence that is not what is occurring in most other MHVille trade media. They are de facto propagandists, in the sense used by Chomsky and Shadows.
Comparing Manufactured Housing Information Sources
21). The Manufactured Housing Institute (MHI) claims to represent “all segments” of the industry. Do all segments of the manufactured home industry include manufactured home community residents? Among MHI members and event attendees are organizations that include a focus on land-lease community rights. Do all segments of the industry include the interests of smaller community operators? Street retailers and independent suppliers? Lenders? Manufactured home installers and transporters? Smaller and larger producers of HUD Code manufactured homes that include firms that may want to see the Manufactured Housing Improvement Act of 2000 and its enhanced preemption provision to be fully and properly enforced? The answer to each of those questions should be ‘yes.’
22). By contrast, the Manufactured Housing Association for Regulatory Reform (MHARR) is more focused. They represent the interests of independent producers of HUD Code manufactured homes.  So, retailers, communities, transporters, installers, lenders, and virtually any other segment of the industry are not dues payers and are not represented by MHARR.
23). The point of reviewing those two is this. MHI not having information on these topics is an apparent case of “ignoring” news that may be embarrassing to MHI. The community sector of the industry is not the focus of MHARR. Their having no mention of this topic is thus apples and oranges to MHI not covering such an issue, especially since it involves an MHI executive committee board member!
24). A review of MHI leadership’s history reveals a troubling history in much of the 21st century. MHI has been described as a revolving door during much of the 21st century. They have people that come on board with little or no manufactured housing industry history. That’s not necessarily a problem. But consider the following.
  • Chris S. Stinebert served as the President and CEO of the Manufactured Housing Institute (MHI) from 1999 to 2006.
  • Gail Cardwell served as the President and CEO of MHI.
  • Thayer Long served as an executive Vice President and then President and CEO of MHI
  • Richard “Dick” Jennison served as the President and CEO of MHI
  • Lesli Gooch is the current CEO of MHI.

By contrast, MHARR has had two staff leaders since 1985. Danny Ghorbani served MHI as an executive vice president for several years before leaving that trade group and forming what became the Manufactured Housing Association for Regulatory Reform (MHARR).  2 leaders in some 39 years at MHARR. 5 leaders in less than 24 years at MHI. Many of the vice presidents at MHI have come and gone in the 21st century too. One way to describe that is a ‘revolving door.’

MHI used to have an ‘official history’ of their trade group on their website. At some time around the time that MHI redid their website, that history was no longer publicly available. Fortunately, MHProNews has it at this link here.

 

WhosWhoAtManufacturedHousingStateAssociationsPerManufacturedHousingInstituteMHI-OtherAssocWithAlHasselbertOfficialHistoryMHIplusMHMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/whos-who-at-manufactured-housing-state-associations-per-manufactured-housing-institute-mhi-others-with-mhi-official-history-per-al-hesselbart-claims-tips-views-plus-mhville-markets-u/

 

25). At the chairman or executive committee level at MHI, this is a partial list of some of the 21st century controversies. In no particular order of importance are the following.

  • Nathan Smith (SSK Communities which rebranded and went public as Flagship Communities) Per Copilot:

Learn more

> “Prior Manufactured Housing Institute Chairman Joseph “Joe” Stegmayer was also the Chairman and CEO of Cavco Industries, correct? What caused him to step down as Chairman and CEO of Cavco? What was the result or settlement that Stegmayer made with the Securities and Exchange Commission over evidence-based allegations against the firm? What was the outcome with Cavco and the SEC?”

 

26). Certainly, other examples of how MHI “executive committee” members are in firms that have been accused with evidence of engaging in predatory, illegal, or other problematic tactics. But the examples given are sufficient to make this point. Manufactured housing has suffered for a variety of reasons. Among them is the fact that too few are willing to report on and thus expose evidence or claims of corrupt, illegal, incompetent, or otherwise problematic behavior. Imagine a sports publication that didn’t report on which teams lost? That wouldn’t be news at all! Half or more of the story in a sporting event is who won, and who lost, and why.

27). During an affordable housing crisis, manufactured housing is demonstrably underperforming. New data for December 2023 and the year end totals for all 2023 HUD Code manufactured housing production will soon be available. That is another item that is routinely ignored, sidestepped, or downplayed. MHARR and MHProNews routinely report on manufactured housing production totals, but MHI hides that behind a member only paywall. Showing that information to the public is apparently not useful to MHI’s and their ‘big boy brands’ agenda-driven narrative!

ManufacturedHomeProductionShipmentDataForAll50StatesPlusWashingtonDCofficialJan2024ReleaseHUDcodeManufacturedHousingNov2023StatsPlusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/manufactured-home-production-and-shipment-data-for-all-50-states-plus-washington-d-c-official-jan-2024-release-of-hud-code-manufactured-housing-nov-2023-stats-plus-mhmarkets/

Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

U.S.ManufacturedHousingProductionTotalsTrendsFrom1995-2022With2023TotalsThroughNov2023MHARRdataHUD-DataManufacturedHomeProNewsMHProNews
Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts.

 

ManufacturedHomeHangOffBridgeCantIgnoreConsquencesOfRealityManufacturedHousingInstitute1.3.2024FailsMentionProductionDropNCC-MoreAnalysisPlusSundayWeeklyMHVilleHeadlinesRecapMHProNews
https://www.manufacturedhomepronews.com/manufactured-housing-institute-mhi-1-3-2024-emailed-news-updates-fails-mention-of-manufactured-home-production-drop-focus-on-ncc-more-analysis-plus-sunday-weekly/

28). Time will tell what, if anything of importance, develops from this latest controversy involving prominent MHI member ELS. But unless this report embarrasses others into addressing the issue, it would be like the proverbial tree that fell in the forest. If not reported on, some might understandably question, did it happen at all?

29). The powers that be in MHVille have been accused, with evidence, of establishing a ‘heads the powerful win, tails the rest of the industry loses’ system.

> “What does ‘heads the powerful win, tails the rest of the industry loses’ mean?”

BingCopilotAI-Screen1.3.2024MHProNewsThe phrase “heads the powerful win, tails the rest of the industry loses” is a variation of the idiom “heads I win, tails you lose” 1It is used to describe a situation where one party has an unfair advantage over the other, and no matter the outcome, the disadvantaged party will always lose 1.

In the context of the industry, it could mean that the powerful players in the industry have an advantage over the smaller players, and even if the industry experiences a downturn, the powerful players will still come out on top 1.”

 

30). It was March 14, 2020 that MHProNews reported the industry had apparently become a “Heads I Win, Tails You Lose” system. Copilot just explained why that is significant by saying: “even if the industry experiences a downturn, the powerful players will still come out on top.”

No one else in MHVille trade media dare publish reports that truly challenge the powerful in or beyond our industry. That’s likely why this platform has millions of unique visits annually, and the other ‘news’ sections of their respective websites do not. We give news and clearly stated views while they pump out propaganda that in some form or fashion benefits the powerful interests that are consolidating manufactured housing one step at a time.

If MHI, or MHInsider, have given some person or organization an award in recent years, that is reason enough to begin to suspect that person or organization of either wrongdoing, being part of a distraction scheme, or looking the other way when wrongdoing is occurring.

 

ExaminingManufacturedHousingTrendsAndStatisticsToKnowByPatrickRevereAndMHInsiderCritiqueBaresTrueStateOfManufacturedHomeIndustryInOctober2023plusMHVilleMarketsUpdatesMHProNews
https://www.manufacturedhomepronews.com/examining-manufactured-housing-trends-and-statistics-to-know-by-patrick-revere-and-mhinsider-critique-bares-true-state-of-manufactured-home-industry-in-october-2023-plus-mhville-markets-upd/

 

Conclusion of this Segment:

31). New manufactured home industry data will be available next week. Until then, there are plenty of other issues to cover. Stay tuned for more “Industry News, Tips, and Views Pros Can Use” © that you are not likely to find anywhere else among the MHI amen corner of the industry’s trade publications. Because there is more to know about ELS and the others that are routinely not found elsewhere. The evidence for that will continue to be revealed here at the largest and most read resource of its kind serving manufactured housing industry professionals.

 

WOW! Fireworks! MHVille Traffic Surges! What’s Hot and What’s Not in Manufactured Housing Industry January 2024 – Snapshots, Facts and MH Industry Insider Analysis; plus MHVille Markets Update

MHI’s Attorneys Warned-‘Irreparable Harm’ from DOE Looms-MHARR’s Formal Comments Call for Withdrawal of ‘Destructive DOE Manufactured Housing Energy Rule’-Facts w/Analysis; plus MHVille Markets

Employees and Contractors of ‘Predatory’ Brands in Manufactured Housing Industry Have Potential POWER in 2024 – Facts, Insights, Analysis in Brief – plus Sunday Weekly MHVille Headlines Recap

SinceLossChrisStinebertAtManufacturedHousingInstituteLogoEmpoweredF-ckingGreedySelfishLeadersCompaniesMakeMHItoolForThemselvesPlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/since-loss-of-stinebert-at-manufactured-housing-institute-mhi-empowered-f-cking-greedy-selfish-leaders-of-companies-to-make-mhi-a-tool-for-themselves-plus-mhville-markets-update/

‘Runaway Corporate-Monopoly Power Inequality-Generating Machine’-Ultra Rich Get Richer But 5 Billion Grow Poorer-Says Oxfam per Inequality Report–Facts with U.S. and MHVille Insights-Analysis

Part IV – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

Headlines from left-of-center CNN Business – from 1.31.2024

  • Stocks sink as Fed hints rate cuts aren’t coming soon
  • Florida Governor Ron DeSantis makes a campaign stop at LaBelle Winery on Wednesday January 17, 2024 in Derry, NH.
  • Judge dismisses Disney’s lawsuit against Florida Gov. Ron DeSantis and his allies
  • Accusations, tears and rants: 5 takeaways from today’s tech CEO hearing
  • Interest rates savings STOCK
  • Interest rates won’t stay high forever. Here’s how to make them work for you now
  • Jerome Powell, chairman of the US Federal Reserve, arrives for a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Dec. 13, 2023. The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year.
  • The Fed keeps interest rates on hold — and signals cuts aren’t coming soon
  • Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.
  • Who can rein in Elon Musk? Someone you’ve probably never heard of
  • A Boeing 737 MAX 10 airliner taxis at Boeing Field after its first flight on June 18, 2021 in Seattle, Washington. The 737 MAX 10 is Boeing’s newest model since regulators cleared the 737 MAX to fly again in November 2020.
  • Boeing CEO on 737 blowout: ‘We caused the problem’
  • A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021.
  • Is this the end of Evergrande? Here’s what may happen next
  • Universal threatens to pull Taylor Swift’s songs off TikTok in dispute over payments
  • In this photo illustration a YouTube logo is seen displayed on a smartphone.
  • Why was a revolting YouTube video of a purported decapitated head left online for hours?
  • The Fed is fed up with data revisions
  • Brexit is finally coming for UK food imports, and prices could rise
  • H&M CEO quits abruptly after ‘very demanding’ times
  • The Fed isn’t vexing markets. Here’s what might
  • Here’s the real reason why right-wing media figures are targeting Taylor Swift and Travis Kelce
  • Judge strikes down Elon Musk’s massive, multi-billion-dollar pay package
  • Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that
  • Samsung upbeat about AI-driven smartphones after losing sales crown to Apple
  • Baltimore Orioles agree to be sold to a group led by David Rubenstein for $1.7 billion
  • MrBeast tested Elon Musk’s theory and took home $250,000
  • Walmart’s stock is about to appear a whole lot cheaper
  • PayPal is reducing its workforce by 9%
  • Half of US tenants can’t afford to pay their rent. Here’s what’s ahead

 

Yahoo-ManufacturedHomeCommunitiesMobileHomeParksFactoriesBuildingSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLog1.31.2024MHProNews
In instances such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts.
Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, neither MHI nor MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including an outreach on Dec 7, 2o23.

 

 

 

 

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